Cross-board concept practice · originally a CIE 9708 question, used here because the concept is the same. It is not IB Economics past-paper material.
Question 1
The real national income of a country fell by 3%. What could have caused this?
Answer: C.
Cross-board concept practice · originally a CIE 9708 question, used here because the concept is the same. It is not IB Economics past-paper material.
Question 2
Which government action is least likely to prevent a fall in economic growth?
Answer: A.
What this practice covers
Real questions, the answer key from the mark scheme, and the explanation that goes with it. Each one is marked the moment you pick, the correct option is shown whether or not you found it, and the full explanation opens either way. No account needed to answer them.
These questions are drawn from past Cambridge papers, mapped across to this topic because the concept is the same. You answer, you find out immediately whether you were right, and you get the reasoning for the correct option and for each distractor. Wrong answers go to a mistakes locker so you can come back to exactly those.
Practice is free. You need an account only so your progress and your mistakes are still there next time.
What examiners see students get wrong here
These are the errors that cost marks on economic growth, taken from our own topic notes. Read them before you practise and you will recognise the traps in the questions.
- Confusing actual with potential growth, or using the wrong diagram for each.
- Shifting the PPC outward for a recovery from recession; that is a movement towards the curve, not a shift.
- Treating nominal GDP growth as economic growth without adjusting for inflation.
- Forgetting population, so total growth is mistaken for growth per person.
- Assuming growth automatically raises living standards for everyone, it raises the average.
- Ignoring environmental and distributional costs entirely.
- Treating all growth as equally damaging to the environment, without separating resource depletion from productivity gains.
- Treating growth and development as synonyms.
Revise it first
If any of the above is unfamiliar, work through the notes before practising: Economic Growth revision notes.